Slide 1: FY26 Results Presentation
Kwinana Marketplace, WA FY26 Results Presentation 17 August 2026 Lilydale Marketplace, VIC Sturt Mall, NSW West Village, QLD
Slide 2: Agenda
FY26 Results Presentation Agenda 1. Strategy and Overview 2. Operational Performance Greg Chubb 3. Financial Results Managing Director and Chief Executive Officer 4. Outlook 5. Questions 6. Appendices David Salmon Chief Financial Officer 2
Slide 3: Strategy and Overview
FY26 Results Presentation 1 Strategy and Overview Greg Chubb, Chief Executive Officer Delacombe Town Centre, VIC 3
Slide 4: Our Strategy
FY26 Results Presentation Our Strategy Maximising performance from Australia’s leading internally managed essential retail portfolio Scaled Essential Integrated Proactive Selective Disciplined Capital Retail Portfolio Operating Platform Organic Growth Inorganic Growth Management Supermarket-led Deli
Slide 5: Our essential retail portfolio scale
FY26 Results Presentation Our essential retail portfolio scale Supporting better communities through life’s essentials Australia’s leading internally managed essential retail REIT Generating over $5 billion supermarket sales p.a.1 Moggill Village, QLD Pakenham Marketplace, VIC Claremont Plaza, TAS W
Slide 6: FY26 Highlights
FY26 Results Presentation FY26 Highlights Strong momentum across key performance metrics with 9.8% total security holder return1 over the year Operational Financial Capital Performance Results Management 4.1% 98.1% $268.8m $2.57 100% >$1bn Comparable Portfolio Statutory net profit NTA per of debt of
Slide 7: Operational Performance
FY26 Results Presentation 2 Operational Performance Greg Chubb, Chief Executive Officer West Village, QLD 7
Slide 8: Retail sales
FY26 Results Presentation Retail sales Robust growth led by supermarkets which contribute to over 70% of portfolio sales Total portfolio comparable MAT growth 30 Jun 2025 30 Jun 2026 Supermarkets 3.3% 4.1% 4.1% Discount Department Stores 3.4% 1.7% Supermarket MAT growth Mini Majors 1.8% 0.8% Total S
Slide 9: Major retailers
FY26 Results Presentation Major retailers Leading provider of retail space to Australia’s supermarkets 45% of total gross rent from major retailers including Woolworths, Coles, Aldi and Wesfarmers provides income security 58% of supermarkets generating turnover rent with a further 15% within 10% of
Slide 10: Specialty retailers
FY26 Results Presentation Specialty retailers Sustainable occupancy cost and favourable market conditions allow for continued growth and momentum 4.0% 4.3% 380 4.3% $940 9.7% Average specialty Average annual Specialty deals Specialty Average specialty Average specialty leasing spreads rent increases
Slide 11: Active projects and centre enhancements
FY26 Results Presentation Active projects and centre enhancements Targeting 7%+ incremental returns through disciplined capital deployment and partnering with our retailers NORTH ORANGE SHOPPING CENTRE, NSW Woolworths store extension $6m Q4 FY26 ~720 sqm and major refurbishment Capital Completion GL
Slide 12: Active projects and centre enhancements
FY26 Results Presentation Active projects and centre enhancements Targeting 7%+ incremental returns through disciplined capital deployment and partnering with our retailers KWINANA MARKETPLACE, WA Dining precinct ~$9m Q4 FY27 ~2,300 sqm Conversion from Capital Target GLA remixed general retail to fo
Slide 13: Sustainability initiatives
FY26 Results Presentation Sustainability initiatives Progressing towards Net Zero by FY30 ENVIRONMENT 21.8MW of solar PV across 33 sites installed and operational by the end of FY26 SOCIAL 2,112 hours donated by centre management staff to Essentially Local causes GOVERNANCE ASRS on track to meet man
Slide 14: Disciplined portfolio optimisation and continued partnership
FY26 Results Presentation Disciplined portfolio optimisation and continued partnership Strategic capital recycling and deployment to maximise growth • Divest small and remote, lower growth assets Divested two centres1 for a total of DIVEST $32.8m with a 5.8% yield • Capitalise on strong market deman
Slide 15: Financial Results
FY26 Results Presentation 3 Financial Results David Salmon, Chief Financial Officer Kallo Town Centre, VIC 15
Slide 16: Funds from Operations
FY26 Results Presentation Funds from Operations Strong organic and inorganic growth offsets WACD headwind and drives a 3.2% FFO per security increase Accretive portfolio optimisation and partnership activity FFO per security growth of more Investing capital to unlock than 5% before the impact of gro
Slide 17: Financial results
FY26 Results Presentation Financial results For the year ended 30 June 2026 $m 30 Jun 25 30 Jun 26 3.3% net operating income growth with revenue growth Property income 390.6 398.1 exceeding expense growth Property expenses (136.8) (135.8) Net operating income 253.8 262.3 16.0 FFO cents per security
Slide 18: Balance sheet
FY26 Results Presentation Balance sheet At 30 June 2026 $m 30 Jun 25 30 Jun 26 Cash and cash equivalents 8.5 15.6 $5.5bn Assets Under Management have increased Investment properties 4,374.1 4,598.1 by $288.2m or 5.5% driven by acquisitions and investment property fair value uplift Investment propert
Slide 19: Property valuations
FY26 Results Presentation Property valuations Increase driven by underlying, stable income growth Portfolio Value ($m) 4.4% fair value (32.8) increase since Jun 20252 114.1 76.2 66.5 4,598.1 5.86% weighted average cap rate 11 bps compression since Jun 2025 4,374.1 $32.8m June 2025 Acquisitions Capit
Slide 20: Capital management
FY26 Results Presentation Capital management Proactive hedging and over $1bn2 of debt refinanced at improved margins, mitigating base rate headwinds 120% Estimated hedge expiry profile based on debt drawn 6.8% 80% 4.5% 1.5% 100% 3.7% 5.3% FY26 WACD FY26 weighted average 2.9% 3.0% 3.1% 3.8% borrowing
Slide 21: Outlook
FY26 Results Presentation 4 Outlook Greg Chubb, Chief Executive Officer Marketplace Warner, QLD 21
Slide 22: How we create value
FY26 Results Presentation How we create value Targeting 3-4%+ sustainable AFFO per security growth through disciplined execution and capital allocation Scaled Essential Retail Platform Proactive Active Asset Management Organic Growth Generating defensive • Targeted majors and resilient Maximising th
Slide 23: Outlook and guidance
FY26 Results Presentation Outlook and guidance Generating resilient cashflows that support growing distributions and security holders returns Disciplined focus Favorable market conditions Execution of a on essential retail and positive sector fundamentals clear strategy Earnings Guidance Target dist
Slide 24: Questions
FY26 Results Presentation 5 Questions Worongary Town Centre, QLD 24
Slide 25: Appendices
FY26 Results Presentation 6 Appendices Shoreline Plaza, TAS 25
Slide 26: Portfolio overview
FY26 Results Presentation Portfolio overview 98.1% occupancy with 88% of income generated from non-discretionary retailers 86 owned retail properties $4,598m total owned portfolio value 2,434,552 land sqm 2,049 no. specialty retailers 784,866 gross lettable area sqm 4.6 years weighted average lease
Slide 27: Assets under management
FY26 Results Presentation Assets under management 100 essential retail properties under management including Metro Fund centres Chancellor Park Cooloola Cove Bakewell PacificParadise Brisbane As at June 2026 Brookwater Port Village Coorparoo Moggill Edmonton Oxenford Mission Beach West End Key Bushl
Slide 28: Key tenants and lease expiry profile
FY26 Results Presentation Key tenants and lease expiry profile High quality, defensive tenants anchoring the portfolio with a 4.6 year WALE Top 10 tenants under management by gross rent Lease expiry profile (% of gross rent) 52.0% Woolworths Group 28.4% Coles Group 9.3% 16.5% Wesfarmers 3.4% 12.6% 1
Slide 29: Income statement: statutory profit to AFFO reconciliation
FY26 Results Presentation Income statement: statutory profit to AFFO reconciliation For the year ended 30 June 2026 $m 30 Jun 25 30 Jun 26 Statutory profit after tax 212.5 268.8 Fair value of investment properties (71.7) (114.1) Fair value of derivatives 0.7 98.5 Foreign exchange movement 5.9 (98.7)
Slide 30: Debt metrics and covenants
FY26 Results Presentation Debt metrics and covenants Key debt metrics 30 Jun 2025 30 Jun 2026 $m 30 Jun 2025 30 Jun 2026 Credit rating (Moody’s) Baa1 Baa1 Bank and syndicated facilities drawn1 470.2 746.1 Facility limit ($m) 1,782.1 1,840.0 AU$ MTN 600.0 900.0 Drawn debt (net of cash $m) 1,458.6 1,6
Slide 31: Debt facilities
FY26 Results Presentation Debt facilities At 30 June 2026 Debt facilities ($m) Facility limit Drawn debt Financing capacity Maturity / Notes Bank bilateral facility 475.0 432.0 43.0 FY282: $475.0m Apr 2028 Bank bilateral facility 250.0 101.0 149.0 FY292: $150.0m May 2029 and $100.0m Jun 2029 Bank bi
Slide 32: Glossary
FY26 Results Presentation Glossary AFFO: Adjusted Funds From Operations is determined by adjusting FFO for Metro Fund: Metro Fund 1, 2 and 3 other items which have not been adjusted in determining FFO ASRS: Australian Sustainability Reporting Standards MTN: Medium Term Note Comparable MAT: Moving an
Slide 33: For further information, please contact:
For further information, please contact: Nicolette Brice General Manager Investor Relations T: +61 2 8243 4900 E: nicolette.brice@regiongroup.au Disclaimer This presentation has been prepared by Region RE Limited (ABN 47 158 809 851) as Responsible Entity of Region Management Trust (ARSN 160 612 626